March 19, 1975 (8 pages)

Earl G. Waters Nero fiddles Of the 20 million Californians, about 13 million are being subjected to experiences which heretofor they have only been told or read about. For the remainder it is like a replay of an old movie in which they were actors, Not since the dark days of the Great Depression has the economy been in such doldrums. To have any first hand knowledge of what things were like then, one must be over 50 years of age for the bottom of that ~ period occurred in California in the winter of 1932. The turn came. after the inauguration of Franklin D. Roosevelt. in March of 1933. Despite the swiftness of action taken by FDR in developing programs to restore the economy and return people to work, it was a long climb back. Since then millions of Americans have grown to adulthood and raised their children and now_ have grandchildren without knowing the fears and frustrations, the utter dejections and degredations, which accompany the inability to find employment for those who want to work. For those millions it has been an era of good times with no spectre of anything ever being different. So the disaster which has struck more than 10 per cent of the working populace cannot be dismissed as a “‘recession’’. They cannot be told that things aren’t aS bad’ as they were during the 30’s. They are going through an experience just as frightful to them as it was to those who lived through the Great Depression. All the earmarks of what was coming and is still to come were apparent fully a year ago. The earlier depression was signalled by the stockmarket crash of October 1929. It took three years for the full impact of that to be reached. Last year the country came as close to that kind of a stock crash as seems possible under the protections that were established after 1929. It was still a crash. Following the Wall “HERE Street disaster of 45 years ago, there were business failures marked by disclosures of gigantic frauds which in turn caused other business failures. People jumped from the Gothic City skyscrapers. Massive layoffs were followed by more business failures. Bank failures added to the panic with more business failures and layoffs. ° Utimately more than one third of the working population were unemployed and finding it a to get any kind of a job. Everyone of those things has now been. repeated although unemployment has not sunk to the depths to which it did then. But three years has not yet transpired since the stock crash last year. And all the indications are that unemployment will get worse before its gets better. One of the reasons apparently is that not enough people remember or understand what did happen in 1929. Only a few weeks ago President Ford was glossing over the economic situation, still calling it a recession, predicting the upturn was just around the corner (a la Hoover’s ‘‘prosperity around the corner utterings of the 1930’s) and chanting WIN like a high school football coach. It is true that cushions to soften economic setbacks have been established since those awesome days. Unemployment insurance, employment offices to aid jobseekers, bank deposit insurance, welfare, food stamps, Medi-Cal and dozens of other federally and state programs provide a floor against starvation. But destitution is a matter of relativity. For those who have grown up in good times, held responsible jobs, established their own homes and are raising families, being forced unto unemployment insurance is destitution. And there comes the time when all wells run dry. Want ads Pay * COMES THE FUNNY PART-« TRY NOT TO LAUGH AND PULL YOUR STITCHES /” Tiare aM MEMBERS OF BROWNIE TROOP #856 of Pleasant Ridge School receive an American flag from U.S. Congressman Harold T, “Bizz” Johnson (D-Roseville) at recent ceremonies . Congressman Johnson. in. Grass Valley's City Hall. Karen Beghetti and Karen Coles. Back: Mrs. Confusion with the homeowner’s exemption x The interest in the Homeowner’s Exemption since March 1, 1975 has been very active in the Nevada County Assessor’s Office, according to Assessor E. A. ‘‘Bub’’ Tobiassen. _ However, mary homeowners ware confused as to whether or not they should sign and return the cards. The homeowners who have the same conditions as last year have no problem, nor do they have to return any forms. The owner must have lived in . and owned the home on March 1, -1975. Most everyone filed last year, according to Tobiassen, and under the new continous filing, or onetime filing, they will automatically receive their exemption this year. If there is any change in ownership, address, etc., or a correction made, the form should be signed and returned. Anyone eligible who has nof filed previous to this time should ¥ ov oe Hos eee eb HE EECHH ES ‘ +t eer eee eee eGevrt eee e Sete ve Pad ¢ ee ee smascchseewinanane contact the Assessor’s Uftice as soon as possible at phone 2652461, extension 232, and have form mailed to you. Mobilehome owners should also be aware that if their mobilehome is located on their own property, they are eligible for a Homeowner’s Exemption under the same requirements as the conventional homeowner. Front from left: Dawn Merritt, John Merritt, Mrs. Jay Coles and & CLASSIFIED ADS 10. Crafts and Services ‘ROBERT L. ROSS, JR. OPTOMETRIST yi 147 Mill St., Ph. 273-6246 44. Musical instruments a CONSOLE SPINET Piano. Will sacrifice to responsible party in this area. Cash or terms. Also elec. organ. Write or phone collect Credit Mgr., 503-363-5707, Tallman Piano-Organ_ Stores, Inc., Salem, Oregon, 97308. ‘ BUSINESS BILLBOARD \ seer eee eeeerecenue eare e: o@ é eeeeanet rr oot Sraaset LITTLE OLD J BAKE SHOP . 429 €. Ridge Rd., Grass Valley; one Len Gilbert FARMERS. INSURANCE GROUP HEFFREN INSURANCE AGENCY 111 W. Main P.O Box 1034 Grass Valley. Ca. 265-6166 eto eeeteve vere

Earl G. Waters Nero fiddles Of the 20 million Californians, about 13 million are being subjected to experiences which heretofor they have only been told or read about. For the remainder it is like a replay of an old movie in which they were actors, Not since the dark days of the Great Depression has the economy been in such doldrums. To have any first hand knowledge of what things were like then, one must be over 50 years of age for the bottom of that ~ period occurred in California in the winter of 1932. The turn came. after the inauguration of Franklin D. Roosevelt. in March of 1933. Despite the swiftness of action taken by FDR in developing programs to restore the economy and return people to work, it was a long climb back. Since then millions of Americans have grown to adulthood and raised their children and now_ have grandchildren without knowing the fears and frustrations, the utter dejections and degredations, which accompany the inability to find employment for those who want to work. For those millions it has been an era of good times with no spectre of anything ever being different. So the disaster which has struck more than 10 per cent of the working populace cannot be dismissed as a “‘recession’’. They cannot be told that things aren’t aS bad’ as they were during the 30’s. They are going through an experience just as frightful to them as it was to those who lived through the Great Depression. All the earmarks of what was coming and is still to come were apparent fully a year ago. The earlier depression was signalled by the stockmarket crash of October 1929. It took three years for the full impact of that to be reached. Last year the country came as close to that kind of a stock crash as seems possible under the protections that were established after 1929. It was still a crash. Following the Wall “HERE Street disaster of 45 years ago, there were business failures marked by disclosures of gigantic frauds which in turn caused other business failures. People jumped from the Gothic City skyscrapers. Massive layoffs were followed by more business failures. Bank failures added to the panic with more business failures and layoffs. ° Utimately more than one third of the working population were unemployed and finding it a to get any kind of a job. Everyone of those things has now been. repeated although unemployment has not sunk to the depths to which it did then. But three years has not yet transpired since the stock crash last year. And all the indications are that unemployment will get worse before its gets better. One of the reasons apparently is that not enough people remember or understand what did happen in 1929. Only a few weeks ago President Ford was glossing over the economic situation, still calling it a recession, predicting the upturn was just around the corner (a la Hoover’s ‘‘prosperity around the corner utterings of the 1930’s) and chanting WIN like a high school football coach. It is true that cushions to soften economic setbacks have been established since those awesome days. Unemployment insurance, employment offices to aid jobseekers, bank deposit

insurance, welfare, food stamps, Medi-Cal and dozens of other federally and state programs provide a floor against starvation. But destitution is a matter of relativity. For those who have grown up in good times, held responsible jobs, established their own homes and are raising families, being forced unto unemployment insurance is destitution. And there comes the time when all wells run dry. Want ads Pay * COMES THE FUNNY PART-« TRY NOT TO LAUGH AND PULL YOUR STITCHES /” Tiare aM MEMBERS OF BROWNIE TROOP #856 of Pleasant Ridge School receive an American flag from U.S. Congressman Harold T, “Bizz” Johnson (D-Roseville) at recent ceremonies . Congressman Johnson. in. Grass Valley's City Hall. Karen Beghetti and Karen Coles. Back: Mrs. Confusion with the homeowner’s exemption x The interest in the Homeowner’s Exemption since March 1, 1975 has been very active in the Nevada County Assessor’s Office, according to Assessor E. A. ‘‘Bub’’ Tobiassen. _ However, mary homeowners ware confused as to whether or not they should sign and return the cards. The homeowners who have the same conditions as last year have no problem, nor do they have to return any forms. The owner must have lived in . and owned the home on March 1, -1975. Most everyone filed last year, according to Tobiassen, and under the new continous filing, or onetime filing, they will automatically receive their exemption this year. If there is any change in ownership, address, etc., or a correction made, the form should be signed and returned. Anyone eligible who has nof filed previous to this time should ¥ ov oe Hos eee eb HE EECHH ES ‘ +t eer eee eee eGevrt eee e Sete ve Pad ¢ ee ee smascchseewinanane contact the Assessor’s Uftice as soon as possible at phone 2652461, extension 232, and have form mailed to you. Mobilehome owners should also be aware that if their mobilehome is located on their own property, they are eligible for a Homeowner’s Exemption under the same requirements as the conventional homeowner. Front from left: Dawn Merritt, John Merritt, Mrs. Jay Coles and & CLASSIFIED ADS 10. Crafts and Services ‘ROBERT L. ROSS, JR. OPTOMETRIST yi 147 Mill St., Ph. 273-6246 44. Musical instruments a CONSOLE SPINET Piano. Will sacrifice to responsible party in this area. Cash or terms. Also elec. organ. Write or phone collect Credit Mgr., 503-363-5707, Tallman Piano-Organ_ Stores, Inc., Salem, Oregon, 97308. ‘ BUSINESS BILLBOARD \ seer eee eeeerecenue eare e: o@ é eeeeanet rr oot Sraaset LITTLE OLD J BAKE SHOP . 429 €. Ridge Rd., Grass Valley; one Len Gilbert FARMERS. INSURANCE GROUP HEFFREN INSURANCE AGENCY 111 W. Main P.O Box 1034 Grass Valley. Ca. 265-6166 eto eeeteve vere